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Displaying items by tag: Port Transfer

#PortTransfer - The Dun Laoghaire-Rathdown County Council (DRCoCo) executive will undertake a full risk assessment into the transfer of ownership of Dun Laoghaire Harbour to the local authority, it has emerged.

The assessment process will aim to identify the best governance model for the harbour, following a meeting last month at which councillors unanimously agreed “serious risks” had been raised in the due diligence report into the harbour company’s position as commissioned by the council.

Following this assessment, a further report setting out the risks will be brought to the council along with an executive recommendation for the Minister for Transport based on the findings of both reports.

It’s also expected that the risk assessment may involve an engineering assessment of some aspects of the harbour’s infrastructure to determine whether there are liabilities beyond the scope of the original due diligence report.

DLRCoCo adds that no further commend will be made until the independent risk assessment is completed.